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Peter Schiff , More Pain Ahead
Visit www.lendinguniverse.com commercial hard money lenders in california lending hard money loan. -’Crisis Only Just Beginning’ Right About the Crash, Peter Schiff Sees More Pain Ahead Posted Nov 24, 2008 01:55pm EST by Aaron Task in Investing, Newsmakers, Recession . Lending Universe…
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“Maybe this time he’s wrong”
Don’t bet the farm on that!
how is it that this guy knows exactly whats going on and people like bernanke and other “brilliant economist” have no fucking idea whats going on? Let every company on the verge of failure fail that is capitalism. When times are good companies want no gov’t interference but, as soon as they are about to fail they are begging for gov’t intervention and help.
It doesn’t matter if Peter was wrong about some things. Like any other person was more right than Schiff about the current crap-state of our economy?
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sometime in Feb/Mar there will be a crash of U.S. treasury bond. korean pension fund manager predicted so. check the link story at maxkeiser dotcom.
briliant
yet even a kid can undestand th fundametlas of it
You are a dumbass unqualified college drop out who doesn’t know shit about what you are talking about !!
Peter Schiff was DEAD WRONG on his second half 2008 economic predictions.
You have an inferiority complex that manifests itself in anger and hatred toward the USA.
Get off your lazy ass and pay for your own college like so many of us have already done. Stop bitching and moaning about how bad things are.
We are VERY dependent upon the USA, even if you wont acknowledge it.
“It all started with Reagan.”
I disagree. It all started when Nixon mandated the cessation of (what was left of) the “Gold Standard.” That allowed/encouraged the reckless borrowing/”monetizing” which brought us from worlds #1 lender (in 1980) to world’s #1 debtor today.
Pathetic.
By the way, Ben Stein is a fucking idiot when it comes to the economy. He knows triva, he does not understand economics. He needs to keep his old fucking mouth shut on this topic.
It’s funny how morons who support a fake economy based on debt and credit and a worthless dollar laugh at the geniuses who warn them. Then when the morons are proven fucking wrong, they try to make excuses. The world needs more Schiffs.
2009= GREAT DEPRESSION
Get ready to lose your job, car, house.
Peter speaks the truth. If you want the latest Peter Schiff videos, articles, and his podcast, check out Peter-Schiff . com. It’s all on the front page.
this economic crash was no accident, watch while your nation is jioned with canada then watch as africa and proabably the UK is too. what all soverienty disolve watch seperate goverments collapse watch a world government errect and watch earth become a prison. Or you can fight it
and printing more money..which you think will let us pay off the debt, only adds more debt, and steals value out of the existing money supply…that’s a hidden tax on you brother, built into the fiat money system, our dollar in 1914 when the fed was put in place..is valued a 4 cents…but lets print more money…good idea, lets get this thing all the way to 0!
You are correct.
Holocaust™
woodrow wilson was nothing more than a college professor put in place by the people who created the federal reserve at jeckyll island in georgia….and who is barack obama again…another nobody put into place to be used as a puppet to carry out the fed’s agenda..our governement had no control…the fed is above the law
You are 100% correct.
Yeah, Nixon closed the gold window (i.e., America DEFAULTED to international creditors) but there were still some fiscal restraints in that era, unlike the Reagan era, when the free-for-all started.
oh my god…. art fucking laffer. jesus fucking christ. that guy got torn apart by mr schiff lol and boy am i glad
He gave supply-side economist jackass Art Laffer his undeserved fame. that is what Reagan did
oh damn… i guess that means i must learn what reagan did.
Abraham Lincoln closed the blinds (greenbacks), Wilson unlocked the window (the Fed), Roosevelt started the closure(gold confiscation in 1933) and Nixon slammed it shut.
it was actually Nixon who closed the Gold Window. (to jeffcaldwell2″)